Minox International Group Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Minox International Group Berhad has a total shareholder equity of MYR76.9M and total debt of MYR29.3M, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are MYR113.4M and MYR36.5M respectively. Minox International Group Berhad's EBIT is MYR8.7M making its interest coverage ratio 8.3. It has cash and short-term investments of MYR32.0M.
Key information
38.0%
Debt to equity ratio
RM29.26m
Debt
| Interest coverage ratio | 8.3x |
| Cash | RM32.00m |
| Equity | RM76.94m |
| Total liabilities | RM36.50m |
| Total assets | RM113.44m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: MINOX's short term assets (MYR69.1M) exceed its short term liabilities (MYR15.0M).
Long Term Liabilities: MINOX's short term assets (MYR69.1M) exceed its long term liabilities (MYR21.5M).
Debt to Equity History and Analysis
Debt Level: MINOX has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MINOX's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MINOX's debt is not well covered by operating cash flow (17.7%).
Interest Coverage: MINOX's interest payments on its debt are well covered by EBIT (8.3x coverage).